Orlando Science Center receives $200K investment to advance STEM literacy

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ORLANDO, Fla. - Bank of America has announced Orlando Science Center as a 2017 Neighborhood Builder®. The Science Center is being recognized for its work to provide opportunities for local youth to learn 21st-century skills to prepare them for the workforce, which in turn, contributes to economic and social progress in the Orlando area. Through Neighborhood Builders (#NeighborhoodBuilders), the bank provides nonprofits with a unique combination of leadership development, $200,000 in flexible funding, a network of peer organizations across the U.S. and the opportunity to access capital in order to expand their impact in the Central Florida community.

 

“Nonprofits like the Orlando Science Center are instrumental to educational equity and intellectual curiosity for our youth,” said Steve Alch, market president, Bank of America. “Neighborhood Builders is just one example of how we deploy capital in communities and build cross-sector partnerships in order to advance economic and social progress, as part of our approach to responsible growth.”

 

The Neighborhood Builders award will seed and expand an “out-of-school time” learning program at the Science Center for teens to increase STEM literacy and learn 21st-century skills they can take into the workforce — helping achieve its mission to make science accessible for all by breaking down cultural, logistical and economic barriers.

 

“Our Catalyst Youth Volunteer Program invests in the future by providing local youth with opportunities to learn and grow. The skills they will learn here will help them create a foundation for success in careers and in life,” said JoAnn Newman, president and CEO of Orlando Science Center. “If we want a strong, diverse talent pool for tomorrow’s STEM jobs, we must start today and we must reach beyond traditional sources to provide access for all. Bank of America is enabling us to broaden our reach and expand our program to provide a stronger professional development opportunity. By lighting the spark of curiosity and engaging our youth now, with active learning and discovery, we create a brighter future for our community and ultimately our world.”

 

Through Neighborhood Builders, the bank has helped nonprofits create greater impact in communities and better prepare for the future by providing the tools and resources to develop stronger strategic plans, build cross-sector partnerships, and enhance funding opportunities. The flexible funding allows nonprofits to build capacity. At the same time, leaders of the organizations learn about issues core to nonprofit sustainability through the Neighborhood Builders leadership training.

 

Since the start of Neighborhood Builders in 2004, Bank of America has invested over $180 million in more than 900 nonprofit organizations and provided training to 2,000 nonprofit leaders.

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